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AMC Networks Shrugs Off Ad Decline To Post Strong Q4 Numbers Ahead Of CEO Change

AMC Networks posted strong fourth-quarter results, with total revenue rising 20% over the prior-year quarter to $964.5 million, while earnings per share jumped almost fivefold to $2.52.

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AMC Networks Names Kristin Dolan, Wife of Owner James Dolan, CEO

Jennifer Maas TV Business Writer AMC Networks has named Kristin Dolan CEO. Dolan, a longtime AMC Networks board member and wife of the company’s owner, James Dolan, will begin her new role Feb. 27. Her appointment to the position comes months after Christina Spade, formerly CFO of the company, stepped down in November after a very brief stint as chief, following the exit of interim CEO Matt Blank. Once Spade left, James Dolan was named interim executive chairman while a search began for another AMC Networks CEO, and announced that “large-scale layoffs” would be hitting the company amid a stall in growth at streaming AMC+ and its smaller platforms Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE.

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AMC Networks CEO Christina Spade Exits After Less Than Three Months In Role

In a surprising move, AMC Networks Chief Executive Officer Christina Spade has stepped down from the role after only three months.

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AMC Networks Adds Matt Blank To Expanded Board

AMC Networks has expanded the size of its board by one to 15 directors, adding Matt Blank, the longtime media executive who served as the company’s interim chief executive for a year.

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AMC Networks Ups Christina Spade To CEO Post; Patrick O’Connell To Take On CFO Role

AMC Networks has appointed COO and CFO Christina Spade as its new CEO, succeeding Matt Blank, who has held the role in an interim capacity since last September.

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Christina Spade Will Take Over as AMC Networks’ CEO

Brian Steinberg Senior TV EditorChristina Spade, a veteran media executive who was previously chief financial officer of the former ViacomCBS, has been named the new chief executive of AMC Networks, tasked with leading the small but influential media company through a tricky time in the media business.She replaces Matt Blank, a Showtime veteran who had been serving as the company’s interim CEO, and will assumer her new responsibilities on Sept. 9.“I’m delighted that Chris is taking over as our new CEO,” said James Dolan, AMC Networks’ chairman, in a statement.

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AMC Networks Names Len Fogge Marketing President; Miquel Penella to Oversee AMC International

Selome Hailu 10Len Fogge has been named president of marketing at AMC Networks. Additionally, streaming services president Miquel Penella is taking on an expanded role and will now oversee the company’s global division, AMC Networks International.

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AMC Networks Chief Matt Blank Finds It “Funny” That Netflix And Large Rivals Think Advertising “Solves All Problems” In Streaming

Matt Blank, interim CEO of AMC Networks, said the company has “no plans” for ad-supported tiers of its family of targeted streaming services including Shudder, Acorn TV and AMC+.

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AMC Networks Discloses 2021 Pay For CEOs: Former Boss Josh Sapan Nets $15.3M, Interim Chief Matt Blank $7M

Matt Blank, interim CEO of AMC Networks, made just shy of $7 million in total compensation in 2021, according to a proxy filing with the SEC.

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AMC Networks Reaches More Than 9 Million Paid Streaming Subscribers by End of 2021

Jennifer Maas TV Business WriterAMC Networks reported its fourth-quarter 2021 earnings Wednesday, revealing it had reached more than 9 million paid streaming subscribers by the end of 2021. The company also beat Wall Street’s expectations for both its Q4 revenue and profit.AMC Networks previously said it expected to have 9 million streaming subscribers by the end of 2021, and forecast between 20 million to 25 million paid subscribers across its streaming services by 2025.

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Jennifer Caserta Exits AMC Networks as Aisha Thomas-Petit Is Upped to Chief People and Diversity Officer

Michael Schneider Variety Editor at LargeJennifer Caserta is exiting AMC Networks after nearly two decades at the company, most recently as its chief transformation and people officer. As Caserta departs, Aisha Thomas-Petit has been named chief people and diversity officer at the company.Caserta had served as chief transformation/people officer since 2018; prior to that, she spent 14 years at IFC TV, including as president and GM.

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AMC Networks’ DEI Chief Aisha Thomas-Petit Adds HR Role As Longtime Exec Jennifer Caserta Departs Company

AMC Networks has elevated its first head of Diversity, Equity and Inclusion, Aisha Thomas-Petit, to the role of Chief People and Diversity Officer. She succeeds Jennifer Caserta, the longtime IFC executive who segued to AMC’s HR chief in 2018 and is departing after 20 years at the company.

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AMC Networks Acquires Anime Specialist Sentai Holdings

AMC Networks has acquires Houston-based Sentai Holdings, which supplies anime content and merchandise and also operates the Hidive direct-to-consumer streaming service.

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AMC Networks CFO Christina Spade Gains COO Duties In Expanded Role

Christina Spade, who joined AMC Networks last January as chief financial officer, is gaining the additional title of chief operating officer.

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AMC Networks COO Ed Carroll To Exit, Ending His 34-Year Tenure As M&A Speculation Continues To Swirl

Ed Carroll, the longtime chief operating officer of AMC Networks, has decided to exit at the close of 2021 after 34 years at the company.

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AMC Networks CEO Josh Sapan Steps Down After 26-Year Run; Ex-Showtime Chief Matt Blank Takes Top Job In Interim

AMC Networks is undergoing a significant changing of the guard, as CEO Josh Sapan has announced he will step down after a 26-year run in the corner office.

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Josh Sapan Segues to AMC Networks Vice Chairman, Matt Blank Named Interim CEO

Josh Sapan, a cable pioneer who has headed AMC Networks and its predecessors in the Dolan cable dynasty for more than 25 years, is seguing to the vice chairman role at AMC Networks.Matt Blank, a contemporary of Sapan’s who headed Showtime for 20 years, has been tapped as interim CEO while AMC Networks conducts a search for a new CEO.Sapan’s move was anticipated in the two-year contract he signed in December 2020 that gave him the option to shift from president and CEO to the vice chairman role in 2022.

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Talkshoplive Raises $6 Million, Giving Livestreaming Ecommerce Startup $75 Million Valuation

Todd Spangler NY Digital EditorTalkshoplive, a startup whose a livestreaming ecommerce platform has attracted a roster of celebrities and businesses to host their own QVC-style shopping channels, announced that it has closed $6 million in follow-on seed funding.The funding gives L.A.-based Talkshoplive a valuation of $75 million, sources familiar with the funding told Variety.The seed extension funding round was led by venture capital firm Raine Ventures and a syndicate of angel investors that include Matt Blank, former chairman and CEO of Showtime Networks, and David Levy, chairman of Genius Sports and former president of Turner.The new funding brings the startup, founded in 2018, to $10.5 million raised to date.

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Matt Blank: Last News

AMC Networks Paid Former CEOs Christina Spade, Matt Blank, Josh Sapan A Combined $40M In 2022

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